Might have to do some personal research idk who's gonna do a whole project for you but googles a wonderful thing
Answer:
Y=38.8
Y will increase by 38.8
Y=246+38.8
Y=284.8
Explanation:
Y=A. F(K, L)
Y=A. K^0.3, L^0.7
Then
Y=246
A=1
K=2000
N or L=100
Solutions
200=1(2000^0.3, 100^0.7)
Now the question says both k & N are increased by 0.20
Therefore
Y=1(2400^0.3, 120^0.7)
Y=1(10.3 + 28.5)
Y=38.8
Answer:
b. annuities due
Explanation:
Annuities due -
It refers to the amount which need to be paid at the regular interval of time , just before the beginning of the new phase , is referred to as annuities due .
The most common example of annuities due is rent , which need to be paid after every month in the starting .
Hence , from the given information of the question ,
The correct option is annuities due.
A social worker makes $21.35 a hour.
HOPE THIS HELPS YOU! ^_^
Answer:
Left by $400; Left by $300
Explanation:
Given that,
Marginal propensity to consume, MPC = 0.75
Government spending multiplier = 4
(a) If the government decreases its purchases by $100 million, then the magnitude of the shift in aggregate demand curve is calculated by multiplying the change in government spending to the government spending multiplier.
Aggregate demand curve shift left by
= Change in government spending × Government spending multiplier
= $100 × 4
= $400 million
(b) If the government increases income taxes by $100 million, then the magnitude of the shift in aggregate demand curve is calculated by multiplying the change in taxes to the tax multiplier.
Tax multiplier:
= MPC ÷ (1 - MPC)
= 0.75 ÷ (1 - 0.75)
= 0.75 ÷ 0.25
= 3
Aggregate demand curve shift left by
= Change in taxes × Tax multiplier
= $100 × 3
= $300 million